EU SET TO REMOVE SEYCHELLES, DOMINICA, ANGUILLA FROM TAX HAVEN BLACKLIST – BUT NOT PANAMA

On 28 September, Yahoo Finance reported that EU finance ministers are set to remove the Seychelles, Dominica and Anguilla from the blacklist of tax havens, while Panama has failed in its request to be delisted.  The Seychelles has been widely described as a tax haven for its very favourable tax treatment of offshore companies, but EU experts recommended its delisting “following the resolution of the issue concerning harmful preferential tax regimes”.  The other countries or protectorates on the EU blacklist are American Samoa, Fiji, Guam, Palau, Samoa, Trinidad and Tobago, the US Virgin Islands, and Vanuatu.

https://finance.yahoo.com/news/eu-set-remove-seychelles-tax-103737127.html

https://euobserver.com/world/153058

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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